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Howard Marks is an American author and investor. He is the co-founder of the investment firm Oaktree Capital Management. Marks is also the author of several books on investing, including The Most Important Thing: Uncommon Sense for the Thoughtful Investor and The Most Important Thing Illuminated: Uncommon Sense for the Thoughtful Investor. Marks believes that the most important thing for investors is to have a clear understanding of what they are investing in. He has said that "investors need to focus on process, not on outcomes." Marks also advocates for a contrarian approach to investing, and has said that "the key to successful investing is to be fearful when others are greedy and greedy when others are fearful." Marks's books have been praised by Warren Buffett, Bill Gates, and other notable investors. His investment philosophy has been compared to that of value investors such as Benjamin Graham and Walter Schloss.

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